The increase in the Braves’ stock price under the ugly circumstances seems to underscore that investors are mostly focused on the rising value of MLB teams in general – a trend evidenced by the recent sale of the Miami Marlins for $1.2 billion – and the Braves’ real-estate holdings.

Braves owner Liberty Media issued the tracking stock in April 2016. The stock trades on the Nasdaq exchange.

Tuesday’s closing price was near the stock’s 52-week high of $26.52. The 52-week low was $16.52.

Meanwhile, the MLB playoffs began Tuesday without the Braves for the fourth consecutive year. The Braves haven’t won a playoff series in 16 years.

The team announced his resignation Monday and are now looking for a new GM.

ICYMI ...

The NBA announced a drastic new format to the All-Star game Tuesday, eliminating the matchup of Eastern versus Western conferences. The game, to be played in Los Angeles this season, will pit two teams drafted by captains from a pool of players voted as starters and reserves. See Chris Vivlamore’s story here.

Next Up in Sports

North Carolina defeated host Louisville 93-76 on Saturday night to extend its winning streak to five. With the victory, North Carolina improves to 21-7 overall and 10-5 in ACC play. With the defeat, Louisville drops to 18-9
overall and 8-6 in ACC play. North Carolina hasn’t lost since a four-point defeat at Clemson on Jan. 30. Joel...

Air Spida ripped the runway at Staples Center and represented Louisville to the fullest. Utah Jazz rookie Donovan Mitchell put on quite the show as he captured the NBA Slam Dunk Contest championship over the Cleveland
Cavaliers’ Larry Nancy Jr. The former Louisville standout went to his bag of tricks immediately for his first dunk...